In its September industry forecast, Chattanooga, Tennessee-based truckload (TL) carrier U.S. Xpress (NYSE: USX) identified three primary catalysts – higher driver turnover, declining TL capacity and “overwhelming” volumes – that will place upward pressure on rates through 2021.
“Each of these three themes will greatly influence trucking rates over the next four to six quarters. It’s becoming increasingly clear that high tide conditions will persist for a long while, so shippers and carriers will...
https://www.freightwaves.com/news/truckload-market-tightness-to-continue-us-xpress-report-says